DIGITAL EDITION

Scitex Vision Forms Strategic Partnership with Beiren

(February 2005) posted on Thu Feb 17, 2005

Manufacturing lines in Beijing for Grandjet Classic are now operational

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Scitex Vision has entered into a strategic partnership agreement with Beiren Group Corporation, the large printing-machinery manufacturer in China. The agreement initially covers the manufacturing and assembly at Beiren of Scitex Vision's Grandjet Classic printer.

"We operate in a highly competitive market. In order to remain competitive and to retain our market-leading position we must constantly look to strengthen our product and service offering as well as developing our core technology and skills. Partnerships such as this are key to bringing new strengths to the company and achieving these aims," says Dov Ofer, Scitex Vision president and CEO.

"The alliance with Beiren demonstrates Scitex Vision's commitment to the Chinese market in general and the super-wide format market in particular," Ofer continues. "The experience and capabilities of Beiren coupled with Scitex Vision's digital technology know-how will create exciting new possibilities for our companies and customers alike."

Beiren worked with Scitex Vision to build manufacturing lines in Beijing for the GrandJet Classic; those lines are now operational. As part of the agreement, Beiren Group and Scitex Vision will participate in co-marketing activities, especially those intended to promote Scitex Vision's products in China. The companies will be exhibiting their respective products at the 2005 China Print Trade show in Beijing. The partnership "also paves the way for potential joint product development and other manufacturing activities that combine analog and digital technologies to create new opportunities for both companies' customers," Scitex Vision reports.

Established in 1952, Beiren Group Corporation is one of 520 enterprises mainly fostered by the Chinese government. Its main products are sheet-fed offset presses, web-fed offset presses, and post-press packaging equipment. (Scitex Vision: www.scitexvision.com)